Investment Overview

The Storage Place is a four-property self-storage offering located in Abilene, Texas. Comprised of 434 units and 48,762 rentable-square-feet across a well-distributed market footprint, the assets are supported by a diverse economic base that includes education, healthcare, and military demand drivers. Over the past three years, the current owner strategically assembled the portfolio and implemented a focused operating approach centered on improving occupancy, rental rates, and overall efficiency across the assets. The strategy proved to be effective, as revenue in May 2026 was 30 percent higher than it was in May 2025. Leveraging that momentum, as well as the recent unit expansion at the Merkel location, will allow a new owner to continue driving performance without the need for major operational changes. At the macro-level, Abilene continues to see steady economic growth as the regional hub of West Central Texas. In fact, the market has recently attracted major institutional investment, including a multi-billion-dollar AI data center development that is expected to drive job creation and long-term population growth. This combination of property-level momentum and favorable market tailwinds presents a straightforward opportunity to realize strong cash flow and capital appreciation during the hold period.